Toast Announces $101 Million in Additional Funding

Tuesday, July 25, 2017

Toast, the all-in-one restaurant technology platform and one of the fastest-growing technology companies in the U.S., today announced an additional $101 million in financing led by new investors Generation Investment Management and Lead Edge Capital. Existing investors including Bessemer Venture Partners also participated in the oversubscribed round. Toast plans to use these new funds to continue building the market-leading cloud platform that empowers restaurants of all sizes to offer the best technology-enabled guest experience.

Upserve Raises Strategic Investment From Vista Equity Partners

Thursday, July 6, 2017

Upserve, the industry’s leading Restaurant Management Platform, today announced a strategic investment and partnership with Vista Equity Partners (“Vista”), a leading investment firm. The partnership and capital will enable Upserve to accelerate its growth, grow its employee base, and further invest in delivering a seamless platform for restaurateurs.

Flywire Acquires PACE Invoice

Friday, June 2, 2017

Flywire, a leading provider of international payment solutions, today announced that it has acquired PACE Invoice, a multi-currency invoicing platform provider based in London. With the acquisition, Flywire adds international invoicing to its cross-border payments and receivables services, enabling its business, education and healthcare clients to more easily link invoices to cross-border receivables, saving time and costs in invoice preparation and payment reconciliation.

LevelUp Raises $50M in Funding

Tuesday, May 16, 2017

Today, LevelUp announced that it has completed a $50 million round to continue to grow its business. Investors who participated in this round include long-time partner and investor JPMorgan Chase, US Boston and CentroCredit Bank. Chase made an initial investment in LevelUp at the end of 2015. This funding comes at a time of accelerating growth for LevelUp, which is now used by nearly a million people every month.

Kensho Raises $50M in Funding

Wednesday, March 1, 2017

As reported by Forbes, Kensho in Cambridge, MA has raised $50M in funding led by S&P Global with participation from Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Citigroup and Wells Fargo, General Catalyst, and Breyer Capital.  Kensho is a machine intelligence company that applies AI for real-world impact across government and commercial institutions around the world... READ MORE

EverQuote Adds $13M to Series B Round of Funding - Total $36M

Wednesday, February 22, 2017

EverQuote, Inc., the leading online insurance marketplace in the U.S., is pleased to announce the appointment of Mira Wilczek to its Board of Directors. Mira is the President and CEO of venture incubator Cogo Labs, which has spawned 15 companies. Mira brings an impressive background as a technologist, entrepreneur, and startup advisor.

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